During the epidemic, consumption is sluggish, can it be compensated by increasing investment in new infrastructure?

During the epidemic, consumption is sluggish, can it be compensated by increasing investment in new infrastructure?
As one of the “troikas” driving the growth of the national economy, consumption has been the main “booster” for economic growth for six consecutive years.However, due to the impact of the New Coronary Pneumonia epidemic, consumption was hindered.Data released recently by the National Bureau of Statistics show that in the first two months of this year, the total retail sales of social consumer goods (hereinafter referred to as social zero overall) declined by 20 each year.5%.  Will poor consumer performance put pressure on the overall domestic economic development?Can you increase the investment in new infrastructure?Sauna, Yewang interviewed Fu Yifu, a senior expert from Suning Financial Research Institute, and Zhang Wei, chief macro paper of Kunlun Health Asset Management.  Sauna Nightnet: Will poor consumer performance put pressure on the overall internal economic development?Can you increase the investment in new infrastructure?  Fu Yifu: The new infrastructure is different from the traditional “Tie Gongji”. The new infrastructure has more digital attributes, including 5G infrastructure, big data centers, artificial intelligence and industrial Internet. In the final analysis, it is to lay the foundation for the digital transformation of the entire national economy.  Today’s investment can be transformed into future demand. Through the comprehensive advancement and maturity of the new infrastructure, in the future, the corresponding fields will generate many new consumer demands.Taking 5G as an example, its advantages include high speed, low latency, and massive connections. This technology can not only meet the traditional needs of users to watch ultra-clear videos, but also match more scenarios, such as intelligent manufacturing, medical devices, andDriving, etc.  However, the new infrastructure will still cost from investment to landing, so it may not be able to quickly make up for the downturn in consumption during the epidemic, but in the future will lead to more new consumer demand and promote the continued development of the entire economy.  Zhang Wei: Affected by the epidemic’s work stoppage and production stoppage, the GDP gap in the first quarter of this year is expected. From the perspective of the “troika” that drives the economy, consumption and foreign trade will definitely be affected.Is investment.  The consumption pattern during the epidemic showed an obvious “offline to online”. This does not mean that the entire consumption data was shifted. The panic about the epidemic increased the residents’ intention to “hoard goods” for daily necessities.So we see that food and Chinese and Western medicine showed good growth momentum from January to February.Relatively low ranking cars, furniture and other projects are expected to have a latecomer advantage under policy encouragement.At present, the National Development and Reform Commission has actively promoted the consumption of passenger cars, and I believe that it will increase in the middle of the year.Furniture, architectural decoration, etc., are also expected to rebound, driven by the purchase of new houses.  Sauna, Ye Wang, Pan Yichun, editor Wang Yu, Sun Yong proofreading Chen Diyan